Recent extremely meaningful negative changes in investment behavior have impacted Amtech Systems Inc (NASDAQ: ASYS): negative upside/downside volume developed, and the stock fell on very heavy volume.
Significant negative changes in fundamentals have recently occurred for Amtech Systems Inc (NASDAQ: ASYS): significant quarterly sales deceleration occurred, and significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
ASYS’ future returns on capital are forecasted to fall short of the cost of capital. Accordingly, the company is expected to continue to be a modest Value Eraser.
Amtech Systems has a current Value Trend Rating of B (Positive). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Amtech Systems has a slightly negative Appreciation Score of 39 but a very high Power Rating of 93, leading to the Positive Value Trend Rating.
Recent Price Action
On 10/31/24, Amtech Systems Inc (NASDAQ: ASYS) stock declined by -2.1%, closing at $5.56. Moreover, exceptionally high trading volume at 806% of normal accompanied the decline. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -6.7% during the last week.
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